Gjensidige Sustainability Profile
Gjensidige Forsikring ASA, commonly known as Gjensidige, is a leading insurance company headquartered in Oslo, Norway. Established in 1816, Gjensidige has a rich history and has evolved into a prominent player in the Nordic insurance market, providing a wide range of services across Norway and other major regions in Scandinavia. Specialising in general insurance, Gjensidige offers products such as property, casualty, and health insurance, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, including a strong market position as one of Norway's largest insurers, recognised for its financial stability and commitment to sustainability. Gjensidige continues to set industry standards, making it a trusted choice for individuals and businesses seeking reliable insurance coverage.
DitchCarbon Score
How does Gjensidige's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gjensidige's score of 68 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Gjensidige's reported carbon emissions
In 2024, Gjensidige Forsikring ASA reported total carbon emissions of approximately 5,000,000 kg CO2e for Scope 1, 700,000 kg CO2e for Scope 2, and 1,000,000 kg CO2e for Scope 3. In 2023, emissions were slightly higher, with Scope 1 at 6,000,000 kg CO2e, Scope 2 at 800,000 kg CO2e, and Scope 3 remaining at 1,000,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, aiming for net zero emissions across all scopes by 2050, with interim targets set for 2030. Gjensidige's climate strategy includes significant initiatives, such as covering 89% of its total investment and lending by financed emissions as of 2022. This includes a focus on required activities, which constituted 88% of their total emissions. The company is a member of the Science Based Targets initiative (SBTi) and has committed to aligning its targets with the 1.5°C pathway. The company’s emissions data is self-reported and does not cascade from any parent organization. Gjensidige's ongoing efforts reflect a proactive approach to sustainability within the financial services sector, particularly in insurance, as it seeks to mitigate climate impact through comprehensive investment strategies and operational efficiencies.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,475,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Gjensidige's Industry?
How Carbon Intensive is Gjensidige's Location?
Gjensidige's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gjensidige has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Länsförsäkringar
Nordea Bank
If Skadeforsikring NUF
Fremtind Forsikring AS
Intact Financial
Prudential Financial
Frequently Asked Questions
Common questions about Gjensidige's sustainability data and climate commitments